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Julio C. Tello Al Progreso Group
In this Group: Damiana Eleuteria, Alicia Flor, Edich Raquel, Florinda, Carmen Maritza*, Olivia Rocio, Anabel Judith, Floriana Rachela, America Soledad
* not pictured
Mrs. América, 42, is a single mother of five children, three of whom are still in her care. Her children are her greatest inspiration to get ahead. She began working as a production assistant in a recreational fireworks company. Thanks to the fact that she was able to save some of her income, she used her expertise to set up her own fireworks business called "El Trueno" (thunder). She also works at night as a cook in a restaurant four times a week. Most of her customers are people who visit the central part of the country.

With her income she is able to cover the essential household expenses. She also feels good because working gives her emotional stability. In the future she would like to build a house, since she now lives in an adobe dwelling. She plans to use the loan to buy wicks, reeds, coal, sulphur and other items to continue her work. All of the members of the communal bank "Comunal Julio C. Tello al Progreso" are responsible in paying back the loans they have taken out several times. In the photograph the members are holding a meeting althouh Carmen Martiza could not attend because of work. They are all very grateful and committed to the Program.
View original language description ↓
La Sra. América tiene 42 años D. edad ella es madre soltera tiene 5 hijos donD. 3 dependen D. ella, sus hijos fueron su inspiración para salir adelante, ella empezó trabajando como ayudante en la producción juego recreativos pirotécnicos. Gracias al buen uso que le dio a sus ingresos y a sus conocimientos pudo invertir en su propio negocio D. juegos pirotécnicos que lleva el nombre D. “El Trueno”, también nos manifiesta que por las noches trabaja en un restaurante como cocinera a la cual asiste 4 veces a la semana siendo la mayoría D. sus clientes personas que viajan al centro del país, gracias a su trabajo pueD. cubrir los gastos esenciales D. su familia además D. sentirse bien porque trabajando ha encontrado estabilidad emocional, para el futuro piensa construir su vivienda ya que solo esta D. material D. adobe. Con el préstamo solicitado ella va invertir en su negocio en la compra D. pabilos, carrizos, carbón, azufre, y otros artículos para seguir trabajando. Todas las socias D. la Alcancía “Comunal Julio C. Tello al Progreso” son recurrentes y responsables en sus créditos. En la fotografía podemos verlas reunidas en su reunión D. desembolso aunque Carmen Maritza tuvo que retirarse por motivo D. trabajo, todas están agradecidas y comprometidas con el Programa.

Additional Information


EDAPROSPO seeks to use micro-credit to foster productive commercial activity for the sake of economic and social development within vulnerable urban and rural sectors traditionally neglected by commercial banks. By offering innovative products such as technical education loans and microfinance groups for young people, EDAPROSPO helps disadvantaged Peruvians lift themselves out of poverty.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Peru

  • $12,000
    Average annual income
  • 123
    View loans »
    Peru Loans Fundraising
  • $60,164,250
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Julio C. Tello Al Progreso Group's $2,575 loan helped a member to buy wicks, reeds, coal, and sulphur.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jun 24, 2011
Jul 4, 2011
Currency Exchange Loss:
Jan 15, 2012